A local judge has ordered representatives of a high-end real estate firm to provide testimony and evidence as part of a $30 million lawsuit involving an Aspen mansion, a multimillionaire and a now-dissolved law firm.
Joshua and Co. of Aspen has details about the listing, marketing and sale of the former east Aspen home of Alan Potamkin, according to a court filing.
Potamkin, who has a net worth of $150 million earned through luxury vehicle dealerships, is suing the defunct law firm of Wolf, Block, Schorr and Solis-Cohen, which had been based in Philadelphia.
Potamkin claims he is the victim of legal malpractice, alleging that he was forced to pay his ex-wife, Claudia, more than $30 million in a divorce settlement. He contends his then-attorneys failed to catch alleged shortcomings of their 1983 prenuptial agreement.
Potamkin is seeking the same amount, about $30.4 million, from the former law firm.
“In addition to the payment to the plaintiff’s wife, the ‘summary of damages’ lists the loss of value on the plaintiff’s home in Aspen for an amount in excess of $12 million,” the defendants’ filing says. “The plaintiff contends that the claimed $12 million in damages is the difference between what he would have been able to sell the Aspen property for in 2007, before Claudia Potamkin filed for divorce, and what he finally was able to sell it for after the divorce.”
The defendants on Feb. 28 filed, in essence, a legal petition in Aspen to subpoena Joshua and Co. about the sale. Judge Gail Nichols of Pitkin County District Court signed off last week on the motion allowing the subpoena.
Nichols ordered representatives of the real estate firm to give testimony at a deposition at the Pitkin County Library on March 22.
A message left for Joshua and Co. principal Joshua Saslove was not returned Wednesday.
The defendants want from Joshua and Co. documents related to the sale of portions of the 2.8-acre property in the 43000 block of Highway 82 in 2011 and ’12.
The attorneys defending the former law firm are also seeking documents related to “the Wrigley proposed purchase of the Aspen property, including but not limited to the Wrigley contract of sale for $28 million, circa January 2007,” the filing says.
Aspen Journalism reported last year that a member of the Wrigley gum empire bought a $10 million Aspen home overlooking the Rio Grande Trail in 2011. The 43000 block of Highway 82 isn’t near where the Rio Grande Trail ends in Aspen.
Potamkin’s former home sold in 2011 for $11.5 million, according to county assessor records. The 11,200-square-foot property has eight bedrooms and seven bathrooms; three fireplaces valued at $56,700; $14,000 worth of appliances; and a $11,300 hot tub, among other amenities.